TheMarketSniper

Update to original Bear Call on GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
As previously illustrated too many were probably positioning for upside break on a symmetrical Triangle, in our view we see a forthcoming spill here, to the downside Target. JPY is bid in fear, the Summer & Equity Overvaluation + GeoPolitics, likely to overturn stale Trump Infrastructure narrative.

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